Shareholders of Bank of America Corp. and Merrill Lynch & Co. Inc. will meet on Dec. 5 to vote on B of A's deal to buy the New York investment bank.

The $1.83 trillion-asset Charlotte company announced the $50 billion deal Sept. 15.

According to proxy materials filed Monday, Merrill shareholders will meet at 8 a.m. in New York, while Bank of America will hold its meeting in Charlotte three hours later.

B of A shareholders will also vote on a proposal to increase the number of authorized shares outstanding to 10 billion from 7.5 billion. The companies have said they expect to complete the transaction this quarter.

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